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- RE: Premium Restaurant & Bar For Sale $2.5M Sales-Turnkey Absentee Owned
- Contact: WE SELL
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $2,580,912 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $183,685 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 38 | |
BBN Listing #: | 983824 | |
Broker Reference #: | 15504 |
Business Overview:
Discover an extraordinary opportunity to own a premium restaurant and bar that epitomizes prestige, glamour, and elegance. Located at one of the most bustling intersections in the state, this remarkable venue achieves over $2.5M in annual revenue, all while being operated entirely absentee. This makes this Restaurant & Bar for Sale an ideal investment for those seeking a profitable venture with minimal day-to-day involvement.This Restaurant & Bar for Sale ambiance is meticulously designed to offer the perfect environment for high-end business and social gatherings. The exquisite décor, top-notch design features, luxurious furnishings, and a first-class kitchen create an inviting space with significant curb appeal and visibility. Every detail has been thoughtfully curated to provide guests with an unforgettable dining experience.Let We Sell Restaurants introduce you to lending options to make acquiring this exceptional Restaurant & Bar for Sale even more accessible. Our lenders are prepared to assist you in achieving your goal of owning a highly successful and prestigious establishment. We understand that financing can be a critical component, and we are here to help you navigate this process smoothly.Priced attractively at just $349,000, this turnkey Restaurant & Bar for Sale offers exceptional value well below the original build cost. The lease, set at a reasonable $25,565.71 per month including NNN, covers a spacious 3,984 square foot area. The restaurant boasts ample seating and a dedicated, well-trained staff, ensuring a seamless transition for the new owner. This investment not only promises financial gains but also peace of mind.With an annual owner benefit ranging between $150K-$244K, this absentee-run Restaurant & Bar for Sale is a lucrative investment. The purchase includes a fully furnished and equipped restaurant, featuring comprehensive dining and bar setups, high-top bar stools, TVs, refrigerators, and a state-of-the-art kitchen equipped with a massive 8 foot open hearth pizza oven,, fryers, prep tables, and walk-in refrigerators. The comprehensive setup allows for a variety of culinary offerings to meet diverse customer preferences.This Restaurant & Bar for Sale, presented by We Sell Restaurants, is part of our portfolio of exclusive and lucrative business offerings. Act quickly, as this desirable location will not remain available for long. Don't miss your chance to take over a thriving restaurant in a prime location. For more details and to express your interest, please contact us today. Secure your chance to own this exceptional restaurant and bar.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Waiting Area1 Hostess station2 High top chairs2 Gray cloth couches3 Orange lounge chairs1 Wooden coffee table1 Wooden benchDining & Bar8 5ft wooden tables4 4 top booths w/ tables8 Metal chairs3 4 top booths w/ tables4 6 top booths w/ tables21 High top blue leather bar stools2 Two top booths w/ table2 50? SAMSUNG TVs1 SS hand sink1 TRUE 2 door refrigerator/ kegerator w/ 6 tap tower1 TRUE 3 door glass refrigerator1 SS jockey box1 10ft liquor/glassware rackKitchen1 BEVERAGE AIR 2 door sandwich prep1 TURBO CHEF conveyer over4 TURBO AIR two door refrigerators1 WOOD STONE wood fire pizza oven3 TURBO AIR 3 door pizza/sandwich preps2 ROYAL deep fryers1 CPG 6 burner w/ flat top & 2 convection ovens1 8ft HOOD MART hood w/ ansel1 TURBO AIR single door sandwich prep1 8ft SS table w/ heat lamps1 SS ice box3 SS hand sinks1 SS pot sink1 SS 3 compartment sink1 20x 12 walk in refrigerator w 3 glass display doors1 3x8 walk in refrigeratorMarket Competition and Expansion:
This restaurant benefits from the area's high traffic and affluent customer base, providing a thriving market for upscale dining experiences. This location's vibrant culinary scene and strong local demand create ample opportunities for attracting discerning patrons.Reason for Selling:
OtherAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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